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In our previous look inside last year’s IGI Annual Report 2015-2016, the industry’s most comprehensive research on information governance (IG) as a concept, profession, and market, we discussed predictions for IG spending in 2016. Today, we look at what technologies the community considers part of the IG market.
Organizations are buying IG services. Forty percent of practitioners reported that their organizations were purchasing IG services, today, and around the same amount reported that they planned to in 2016.
Software and hardware professional services groups were the most commonly identified source of IG services by practitioners now and in 2016, with boutique consulting firms specializing in IG coming in at a close second and law firms third. Just under half said that their organizations are not currently purchasing IG services. Why? Some may be filling their IG personnel needs through other means like direct hiring or internal promotions. Others, however, simply may not be at the optimal IG program maturity level to purchase IG.
IG products and services seem to go hand-in-hand. Indeed, nearly half of our IG provider respondents say that they provide both products and services. Only 14% say they sell products only. Organizations purchasing technology often need help implementing and configuring it, so it is not surprising that professional services groups at software and hardware providers led the way as the most commonly identified source for IG services.
The IGI has begun the process of developing the 2016-2017 IGI Annual Report, building upon the success of the last two years. As part of the research for our Report, we are conducting a survey of information governance professionals. Please participate in our survey to help us create a great resource for the IG Community. The results will be published in a comprehensive Annual Report which will include a variety of infographics and other tools we will freely provide to the IG Community under a Creative Commons license. These infographics have become part of many IG practitioners’ internal presentations, and the Annual Report has become the go-to reference guide for many in the industry. In the meantime, take a look insider last year’s report. All data you provide through this survey will be reported anonymously.